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How to Create Fringes
So let’s talk about all the fun stuff, fringes – AKA taxes and benefits, and how this here will automatically calculate the costs for you in the budget.
So obviously, we click on Fringes in the left menu. And then, top left, click on ‘Create Fringe’. And we are gonna create a few of them.
First, we will create VAT for 7%.
And the next one for FUTA, ‘Federal Unemployment Insurance’, at 0.6 percent.
also FICA, ‘Social Security’, for 6.2 percent.
So if you click on the tool toggle at the top right at any time, you can now see all of the fringes available.